Macro News

  • UK economic woes government borrowing increases

    UK economic woes government borrowing increases

    Among many other organisations, the CBI and ONS have both revealed statistical reasons for us not to be cheerful about the ongoing state of the UK economy.

  • investors gold demand falls a quarter

    investors gold demand falls a quarter

    Investment demand for gold weakened 23% in the second quarter year-on-year, although this was partially offset by acceleration in buying from central banks.

  • s and p 500 exports down year-on-year

    s and p 500 exports down year-on-year

    Foreign sales by S&P 500 companies have continued to slow, with latest figures showing that 46.1% were derived from outside of the United States in 2011.

  • uk posts negative gdp growth

    uk posts negative gdp growth

    UK GDP growth shrunk 0.7% in the second quarter, according to preliminary estimates released today from the Office for National Statistics (ONS).

  • uk inflation and growth forecasts both fall

    uk inflation and growth forecasts both fall

    In a great day for TLAs, CPI, RPI and the IMF’s forecast for UK GDP have all dropped dramatically.

  • china gdp growth falls for sixth quarter

    china gdp growth falls for sixth quarter

    Chinese GDP growth slowed to 7.6% year-on-year in Q2, down from 8.1% in the previous three months, representing the country’s sixth consecutive quarter of slowing economic growth.

  • Equities to outperform

    Equities to outperform

    Although conditions have gotten tougher as the year has progressed, equities should still outperform in 2012, according to BlackRocks senior advisor Bob Doll.

  • dont underweight uncle sam in a debt crisis

    dont underweight uncle sam in a debt crisis

    The global debt crisis is impossible to cure with more debt, while treatment through default and the printing of more money would be poison for bond and equity holders, says Pimcos Bill Gross.

  • Fed chooses Twist above QE

    Fed chooses Twist above QE

    The Federal Reserve has extended Operation Twist and is to spend a further $267bn on long-dated securities by the end of the year.

  • banks target for Osborne and King

    banks target for Osborne and King

    George Osborne and Mervyn King both took on the banks in their Mansion House speeches last night, with King unveiling £80bn in new loans available while Osborne offered taxpayers further protection against any future bank bailout.

  • sceptics warn spanish credit-line

    sceptics warn spanish credit-line

    Markets rallied this morning on news of a 100bn (£81bn) eurogroup-backed bailout for Spain, announced over the weekend. But sceptics were already scoffing at what was seen as a short-term boon given continued underlying weaknesses.

  • investment consensus positive on china

    investment consensus positive on china

    The first cut to the Chinese one-year benchmark lending and deposit rates since December 2008 has provoked a largely positive response from investment commentators, who reasoned that it signifies the authorities are serious about supporting the economy.